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To: Texas_Jarhead

I agree with privatazation of social security and Bush's proposal yet this article seems interesting to read. Everyday it seems we are getting new figures about how Social Security will turn out in the future. Will it be in 2042 as bush says, or 2052 as the Congressional Budget Office says. And we know that it will not go bankrupt, but it will not be able to fully pay the benefits out...


14 posted on 02/23/2005 8:40:20 PM PST by CAOHCAUCSB
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To: CAOHCAUCSB

"And we know that it will not go bankrupt, but it will not be able to fully pay the benefits out..."

1. Get a dictionary
2. Define the term "BANKRUPT"
3. Call your creditors & ask if it is ok to pay 70 something cents on the dollar for the debt you owe
4. Give me a call & let me know what they say
5. Then I'll continue


57 posted on 02/23/2005 9:57:02 PM PST by Just A Nobody
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To: CAOHCAUCSB
Actually, even if it goes "bankrupt" a few decades from now, the system would still be able to pay about three-quarters of the benefits now promised

Who's going to volunteer to take a 1/4 cut? NOT ME.

76 posted on 02/24/2005 5:13:24 AM PST by benice
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